Silgan Holdings Inc. announced that R. Philip Silver informed the Company of his decision to retire as a Director of the Company, effective following the conclusion of the Company's Board of Directors meeting held on November 2, 2022. Mr. Silver co-founded the Company together with D. Greg Horrigan 35 years ago and has served as a Director of the Company since its founding. Mr. Silver had also served as the Company's Chairman of the Board in an executive capacity and Co-Chairman of the Board in both an executive and non-executive capacity from its founding until March 2019.

The Company also announced that its Board of Directors elected Adam J. Greenlee, the Company's President and Chief Executive Officer, as a member of the Board of Directors of the Company. Mr. Greenlee will serve as a Class I Director of the Company, with the term of his position running until the annual meeting of stockholders of the Company in 2025. Mr. Greenlee has been Chief Executive Officer of the Company since September 2021 and President of the Company since April 2019.

Previously, Mr. Greenlee was Executive Vice President and Chief Operating Officer of the Company.